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Sources: Broadcom CEO Hock Tan held 11th-hour talks and agreed to higher rates and loan guarantees to secure bank participation in the $63B Anthropic debt deal (Wall Street Journal)

The deal, announced on Monday, is the biggest ever to raise money for AI infrastructure — Hock Tan was running out of patience.

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at wsj.com →

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